The steps below must be completed after clicking the "Continue" button.

To apply for the support program, you must first register on the Unified Electronic Requests Platform. To do this, you need:

• Visit e-request.am
• Click the "Login" button in the upper right corner of the page, then follow the "Register Now" link at the bottom of the page that opens
• Register using "YesEm" identification or email
• Indicate your citizenship, then fill in the required data
• Enter the code received to your email address and then the code received to your mobile phone number
• Create a password and confirm it

After registering on the platform, to apply for the support program, you will need:

• Log in to the platform by filling in your email address and password
• Click the "Send" button in the "Send application, request or complaint" window
• Select the "Request" option on the page that opens
• Select the applicant type "Individual"
• Select the "Ministry of Labor and Social Affairs of the Republic of Armenia" state body to which the application is addressed on the page that opens
• Attach the necessary documents and click the "Forward" button

The progress of the request can be tracked using the tracking code on your personal page.

About The Program

• Within the framework of the program, one-time financial assistance is provided to purchase a home with a mortgage loan or build an individual residential house in regional settlements.
• The assistance is directed towards the repayment of the principal amount of the mortgage loan.
• The program is valid until December 31, 2026

Requirements

The program can be used by citizens living in the regions of Armenia who meet the following mandatory requirements:

• The beneficiary has RA citizenship and is the mortgage loan payer (the borrower)

• The beneficiary has at least 2 minor children

• The residential real estate located in a regional settlement must have been acquired, or the mortgage loan for the purpose of building an individual residential house must have been provided on or after January 1, 2024

• The price of the acquired real estate (or a home in a building under construction that is not yet ready) is a maximum of 35 million AMD. This threshold is increased by 5 million AMD for each 3rd and subsequent child of the applicant.

• The acquired or constructed/under construction real estate must be the only residential property of the beneficiary and his/her spouse (if officially married). It must belong to them by personal, joint, or shared (at least 50%) ownership.

• The minimum down payment must be at least 10% of the cost of the home purchased on the secondary market and at least 7.5% of the cost of the home purchased on the primary market (these requirements do not apply to beneficiaries who received a mortgage loan to build an individual residential house). The indicated percentages are calculated without the assistance provided within the framework of the program.

• As of the date of application, the beneficiary has made mortgage loan repayments for at least 12 months, and the total number of days of delay on the mortgage loan repaid during the last 12 months does not exceed 30 calendar days.

Required Documents

The following documents must be attached to the online letter sent to the Ministry of Labor and Social Affairs:

• Reference issued by a bank or credit institution
• ID
• Child(ren) birth certificate
• Public Service Number (PSN)
• Statement of payments for the last 12 months
• Property ownership certificate
• Marriage certificate if married

Amount of Support

• One-time financial assistance is provided in the amount of 5% of the value of the real estate being acquired or already acquired, but not more than 1 million AMD.
• The assistance is increased by 5% of the value of the home for each 3rd and subsequent child, but not more than 500,000 AMD.
• The maximum amount of assistance is 2 million AMD (including for each 3rd and subsequent child).
• The assistance is increased by 50% if the beneficiary acquires residential real estate with a mortgage loan or builds an individual residential house in a border or rural settlement where schools or kindergartens are being built.

Delivery Period and Procedure

• The Ministry of Labor and Social Affairs checks the beneficiary’s compliance with the program conditions by automatically receiving information about the child-parent relationship, the child’s being alive, marital status, and real estate owned by the beneficiary.
• The check is carried out within 10 working days.
• The Ministry decides whether to include or reject the beneficiary in the program. Then, within 3 days, it electronically notifies the financial organization (bank) and the beneficiary.
• After signing the mortgage agreement, the Ministry transfers the amount to the organization’s account within 10 days.
• In the case of building an individual house, the amount is transferred after the loan is provided.
• The Ministry notifies the beneficiary by e-mail about the transfer of the amount.

Reference to Legislation

• RA Government Resolution No. 968-L of May 14, 2020

The decision can be found at arlis.am